TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%
TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%
TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%


auto sales news

Kevin Tynan

Could low sales push automakers to abandon the EV market? – Kevin Tynan | Bloomberg Intelligence

- May 1, 2023
All eyes are on the electric vehicle market as automakers, politicians and consumers push for clean energy. But what do the numbers actually show in terms of demand? On this...
inflation

March inflation increases 0.3%, in spite of interest rate hikes, bank failures

- April 28, 2023
Newly released economic data suggests that inflation increased in March, as predicted by market analysts. The core personal consumption expenditures (PCE) price index captured a 0.3% rise in the costs of...
Group 1 Automotive

Group 1 Automotive beats Q1 revenue forecast, but sees net income decline

- April 27, 2023
Group 1 Automotive reported a revenue of $4.13 billion for the first quarter, beating forecasts and setting a new record for the period. A Zacks Consensus Estimate had predicted the international...
Shawn Vaughan, Inside Automotive

Are dealers prepared to change for the customers of tomorrow? — Shawn Vaughan | Vaughan Automotive

- April 21, 2023
Dealers are still enjoying tremendous profits despite the economic headwinds and inventory constraints. But with the changing technological landscape and the evolution of consumer needs, is the industry ready for...
EV tax credit

VW and GM EVs to keep full tax credit under Treasury’s new guidelines

- April 20, 2023
With the Treasury Department's new domestic sourcing guidelines for electric vehicle batteries now in effect, two major players in the U.S. automotive sector have updated the tax credit statuses for...
Tesla Q1 earnings call

Tesla reveals lower profits, new Cybertruck details during Q1 earnings call

- April 20, 2023
During Tesla's quarterly earnings call, worries over the automaker's declining profits were confirmed as the company revealed its net income had declined 24% from last year's $3.32 billion. In total, Tesla's...
Farid Ahmad, dealership valuations and M&A

The dealership M&A landscape is changing: Is now a good time to sell? — Farid Ahmad | DSMA

- April 20, 2023
With economic headwinds and the return of competitive pricing at the dealership, many storeowners want to know if now is a good time to buy or sell. On this edition...
used car prices, Jonathan Banks

How far into 2023 will used car prices stay inflated? — Jonathan Banks | J.D. Power

- April 19, 2023
As used car prices remain well above industry norms, more and more dealers are asking how long the trend will last. On this episode of Inside Automotive, CBT News anchor...
Nautilus

New Nautilus SUV from Lincoln promises a ‘multi-sensory’ driving experience

- April 18, 2023
On April 17, Ford's luxury brand, Lincoln, unveiled a new version of its Nautilus SUV to be shipped from China to the U.S. starting in 2024. The Nautilus is the premium...
new and used

Surprising shifts in new and used pricing, sales, inventory seen in March

- April 17, 2023
March proved to be an eventful month for the auto industry as the pricing, inventory and sales dynamics surrounding new and used vehicles changed. Average transaction prices (ATP) dropped 1.1% from...


CBT News
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